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<br />.~ 6. If he fails to pay any sum or keep any covenant provided for in this mortgage, tine Mortgagee, at
<br />~ itns option., may pay or pereform the same, nand all expendik:ures ao made shad be added to the principal sum.
<br />a-•i owing on the above rote, shall be secured hereby, and shall bear interest until paid at the rate provided
<br />=-~ far in the principal indebtedness.
<br />~ 7. Upon request of the Mortgagee, Mortgagor shall execute and deliver a supplemental note or notes
<br />for the sum or sums advanced by Mortgagee for thz alteration, modernization, or improvement made at
<br />~ the Mortgagor's request; or for maintenance of said premises, or for taxes or assessments against the
<br />same, and for any other purpose elsewhere authorized hereunder. Said note or notes shall be secured
<br />hereby on a parity with and as fully as if the advance evidenced thereby lucre included in the note first
<br />described above. Said supplemental note or notes shall bear interest at the rate provided for in the prin-
<br />cipal indebtedness and shall be payable in approximately equal monthly payments for such period as may
<br />be agreed upon by the 3ortgagee and Mortgagor. Failing to agree on the maturity, the whole of the sum
<br />or sums so advanced shall be due and payable thirty (30) days after demand by the Mortgagee. In no
<br />event shall the maturity extend beyond the ultimate maturity of the note first described above.
<br />R• lie hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the payment of
<br />the note and all sums secured hereby in case of a default in the performance of any cf the terms and condi-
<br />tions of this mortgage or the said note, all the rents, revenues and income to be derived from the mort-
<br />gaged premises during such time as the mortgage indebtedn^ss shall remain unpaid; and the Mortgagee
<br />shall have power to appoint any agent or agents it may desire for the purpose of renting the Dante and col-
<br />lecting the rents, revenues and income, and it may pay out of said incomes all necessary commissions and
<br />expenses incurred in renting and managing the same and of collecting rentals therefrom; the balance
<br />remaini»g, if any, to be applied toward the discharge of said mortgage indebtedness.
<br />9. He will continuously maintain hazard insurance, of such type or types and amounts as Mortgagee
<br />may from time to time renuire, on the improvements now or hereafter on said premises an3 except when
<br />payment for all such premiums has theretofore been made under (¢) of paragraph 2 hereof, will pay
<br />promptly when doe any premiums therefor. Upon default thereof, Mortgagee may pay the same. All
<br />insurance shall be carried in companies approved by the Mortgagee and the policies and renewals thereof
<br />shall be held by the Mortgagee and have attached thereto loss payable clauses in favor of and in form
<br />acceptable to the Mortgagee. In event of loss Mortgagor will give immediate notice by mail to the Mort-
<br />gagee, who may make proof of loss if not made promptly by Mortgagot•; and each insurance company con-
<br />cerned is hereby authorized and directed to make payment for such loss directly to the Mortgagee instead
<br />of to the Mortgagor and the Mortgagee jointly, and the insurance proceeds, or any part thereof,
<br />may ;by"tt~'~~at its option either to the reduction of the indebtedness hereby secured
<br />or to the'ti stotlftibtrea• repair--o~:3re property damaged. In event of foreclosure of this mortgage, or other
<br />transfer of titIe'to the mortgage property in extinguishment of the indebtedness secured hereby, all
<br />right, title and interest of the 1~lortgagor in and to any insurance policies then in force shall pass to the
<br />purchaser or grantee.
<br />10. As additional and collateral security for the payment of the note descried, and all sums to become
<br />due under this mortgage, the Mortgagor hereby assigns to the Mortgagee all lease bonuses, grofrts, reve-
<br />nues, royalties, rights, and other benefits accruing to the Mortgagor under any and all oil and gas leases
<br />now, or during the life of this mortgage, executed on said premises, kith the right to receive and receipt
<br />for the same and apply them to said indebtedness as tivell before as after default in the conditions of this
<br />mortgage, and the ~iortgagve may demand, sue for and recover any such payments when due and pay-
<br />able, but shall not be required so to do. This assignment is to terminate a:rd become null and void upon
<br />release of this mortgage.
<br />I1. He shall not commit or permit waste; and shall maintain the property in as good condition as at
<br />present, reasonable wear and tear excepted. Upon any failure to so maintaiu, Mortgagee, at its option,
<br />may cause reasonable maintenance work to be performed at the cost of Mortgagor. Any amounts paid
<br />therefor by Mortgagee shall bear interest at the rate provided for in the principal indebtedness, shall
<br />thereupon become a part of the indebtedness secured by this instrument, ratably and on a parity with ail
<br />other indebtedness secured hereby, and shall be payable thirty (30) days after' demand.
<br />12. If the premises, or any part thereof, be condemned under the poteer of eminent domain, or
<br />acquired for a public use, the damages awarded, the proceeds for the taking of, or the consideration for
<br />such acquisition, to the extent of the full amount of the remaining unpaid indebtedness secured by this
<br />mortgage, or hereby assigned to the Mortgagee, and shall be paid forthwith to said Mortgagee, to be
<br />applied or. account of the last maturing installments of such indebtedness.
<br />13. If the Mortgagor fails to make any payments Fvhen due, or to conform to and comply with any
<br />of the conditions or agreements contained in this mortgage, or the notes which it secures, then the
<br />entire principal awn and accrued interest shall at once become due and payable, at the election of the
<br />Mortgagee; and this mortgage may thereupon be foreclosed immediately far the-whole of the indetsted-
<br />nass hereby secured, including the cost of extending the abstract of title from the data of this mort-
<br />gage to the time of commencing such suit, a reasonable attorney's fee, and any sums paid by the veterans
<br />Administration on account of the guaranty ot• insurance of the indebtedness secured hereby, all of which
<br />shall be included in the decree of foreclosure.
<br />14. If the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code,
<br />such Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties
<br />and liabilities of the parties berets, and any provisions oY this ar other instruments executed in connection
<br />with said indebtedness which are inconsistent with said Title or Regulations are hereby amended to
<br />conform thereto.
<br />The revenants herein contained sha!1 bind, and the benefits and advantages shall inure tor, the
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